Microsoft MB6-702 - Microsoft Dynamics AX 2012 R3 Financials Exam

Question #6 (Topic: )
A vendor contacts you about an unpaid invoice.
You verify that a check was printed and mailed one month ago.
The vendor did not receive the check.
You need to reissue a check to the vendor. Which action should you perform?
A. Create a reversing entry by using the General journal form, and then reissue the payment. B. Void the check from the original payment journal, and then reissue the payment. C. Reverse the payment from the Vendor transactions form, and then reissue the payment. D. Process a payment reversal from the Checks form, and then reissue the payment.
Answer: C
Question #7 (Topic: )
You set up and activate a new budget planning process. You generate the original budget
plan from the general ledger data.
The department managers need to enter their requested amounts for the budget plan and
then load them back into Microsoft Dynamics AX.
Where should the department managers enter the data?
A. In the Budget planning process form B. In a new budget register entry C. In the justification that is accessed from the budget plan lines D. In the Excel worksheet that is accessed from the budget plan lines
Answer: C
Question #8 (Topic: )
Which three transaction types can you use to dispose of an asset? Each correct answer
presents a complete solution.
A. Provision for reserve B. Write off C. Extraordinary depreciation D. Sale E. Scrap
Answer: B,C,D
Question #9 (Topic: )
In which three scenarios should you use a bridging account? Each correct answer presents
a complete solution.
A. To settle prepayments for a vendor B. As a method of payment for customers C. To settle prepayments for a customer D. As a method of payment for vendors E. To settle postdated checks for a vendor
Answer: A,C,D
Question #10 (Topic: )
You are configuring a budget plan to automatically spread.
Which allocation method should you use?
A. The Aggregate allocation method B. The Allocate across periods method C. The Distribute allocation method D. The Allocate across dimensions method
Answer: D
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Total 90 questions